Bill Miller predicts BTC will set new all-time high this year

Legendary hedge fund manager Bill Miller, CIO of Miller Value Partners, stated in an interview with CNBC that BTC is poised for another rally. He explained that technical indicators are beginning to align and that he personally expects the cryptocurrency to set a new all-time high. Miller dismissed last year's decline and lackluster performance as insignificant given the asset's inherent volatility, noting that a broader view of the charts shows BTC has never experienced two consecutive years of losses. He added that a favorable stance from the U.S. government will further bolster BTC's ascent.